CFO & the Cloud
The roadmap to cloud
The journey to cloud, for most organizations, will not happen overnight. Most will operate in a hybrid environment for the foreseeable future, running some combination of traditional IT alongside public and private cloud. To ensure your organization is best prepared, you will need to work with your CIO to develop a financial roadmap that complements the technology roadmap. Building a roadmap that makes the most of existing infrastructure and maximizes the benefits from the latest technologies will require a strategic partner who can help you every step of the way.
HP Financial Services is here to help.
Planning the journey
Developing a Financial Roadmap to Cloud: PDF 417 KB Blueprint: The financial roadmap to cloud: PDF 704 KB A discussion of the technology and financial route to cloud: Podcast 23:16 Forrester – The Three Stages of Cloud Economics: PDF 362 KB Christian Verstraete – Cloud Not Just a CIO Issue; Transformative Power Grabs Attention of C-Suite: Blog The journey to cloud, a global perspective: Video 04:49
Questions to consider
What elements of your business strategy for growth or operational improvement could most benefit from cloud? Will it be the speed of deployment, flexible operation, reduced-capital outlay or other identified benefits that will?
Do you have a clear assessment from your CIO about the costs and operational performance associated with legacy systems and applications being run in your data centers today?
Is there an upgrade path mapped out that will help reduce the costs and improve performance? Does this plan have an associated financial roadmap?
Best Practices
“ Subsequently our ability to provide customers with an agile and dynamic cloud offer that scales up and down with their demands is vital. We created a cost-effective cloud solution called Elastic ComputePlatform that allows us to rapidly scale without affecting resources. For our customers, this negates the need for capital outlay, and the customer pays only for what they use.”
“ The speed, agility and scalability cloud offers has significantly reduced our time to market. Traditionally, in an emerging market, it could take up to 18 months to get all the systems and processes in place before we could effectively provide consumable infrastructure or application services to our customers. With cloud, we're able to virtually have this available on day one and scale with demand on an as needed basis. The speed of which we're able to provide new services has given us a competitive advantage while the flexibility cloud offers ensures we only pay for only what is needed, reducing our overall costs.”
Related Links
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Related material
CFO Research: Exploring New Models for Enterprise IT PDF 248 KB CFO Research: The Expanding Role of the CFO: Using Technology to Drive Value for the Business PDF 196 KB The Journey to Cloud: What every CFO should consider PDF 415 KB Whitepaper: Cloud Computing – A CFO’s Perspective PDF 515 KB HP Helps CFO’s Navigate Cloud PDF 82 KB (Press release)